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General Landlording & Rental Properties

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Naqeeb Omar
  • Rental Property Investor
  • Toronto, ON
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7
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Should I rent my property to myself?

Naqeeb Omar
  • Rental Property Investor
  • Toronto, ON
Posted Sep 22 2019, 09:03

So I'm about to sell my family home.

We're planning to buy a triplex and rent out the other 2 units.

But I was wondering if this was a good idea.

Should I buy the triplex through my Corp/ LLC and pay rent to my LLC for the unit?

It's my first rental property so I just want to know what others are up to.